Visa is acquiring fraud intelligence provider BioCatch for $2.4 billion. This acquisition aims to significantly bolster Visa's cybersecurity and fraud prevention capabilities. BioCatch analyses user signals to detect fraudulent activities in real time. The deal is expected to finalize by Visa's fiscal second quarter of 2027. This move reflects a broader industry trend of card giants investing in security.

Visa plans to acquire behavioral biometrics firm BioCatch for up to $2.4B in cash, signaling a major bet on AI-driven fraud prevention in digital

Aug 3 : Visa said on Monday it would buy fraud intelligence provider BioCatch for $2.4 billion in cash from investment firm Permira and other investors, marking the card giant's…